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Qatar the next big thing

Qatar is the next potential market for a number of used self erecting tower cranes, because the current construction projects that are being lined up for Qatar worth about US$ 250 billion. Out of this heavy investment, infrastructure share 34% of the total investment. Because of the FIFA world cup that is going to be held in Qatar in 2022, a lot of resources and funds are planned to be invested on development projects. Since after the time when Qatar won the bid for FIFA World Cup 2022 there has been a 92% increase in the supply of high rise commercial office towers.

Qatar construction industry is growing at a rapid rate because of the number of construction projects lined up. Providing used mobile tower cranes and other construction related equipment manufacturers to boost up their businesses. Because of the infrastructure development in the country demand for green and environmental technologies along with sustainable practices are increasing at a rapid rate. This is not only it, country is expected to get more new contracts worth of USD 22 billion by the end of 2012. This current situation is attracting a large number of companies which are waiting to benefit from this current development situation of Qatar.

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